Automotive logistics services provider MetroGistics announced Tuesday the appointment of its new vice president of finance. Bringing decades of financial experience to the position is Bob Brinson, who has been a certified public accountant since 1981. “We’re extremely pleased to welcome Bob to MetroGistics,” said William Billiter, the company’s co-founder and managing partner. “We’ve grown […] [Read More]

The American Recovery Association recently finalized a partnership with AW Direct; a pact expanding across ARA events, tradeshows and webinars to offer more benefits and opportunities to association members. Officials described the development as a “one-of-a-kind” partnership aimed at making AW Direct a pivotal part of ARA, which added that it strives to provide the […] [Read More]

The National Association of Minority Automobile Dealers and IHS Automotive have partnered together to create their first Diversity Volume Leadership Awards. These awards will recognize makes and models that garner the highest new-vehicle volume registrations based on model year for the following consumer segments: Ethnic consumers (consumers of African-American, Asian, Hispanic or Native American descent) […] [Read More]

After gathering its third-quarter data, Experian Automotive spotted the highest percentage of vehicles leased since the company began tracking the data publicly in 2006. While leasing is immensely popular with consumers who want a shiny, new ride at a more affordable price, one national analyst acknowledged there are “some risk factors to keep an eye […] [Read More]

The major delinquency metrics Experian Automotive tracks on a quarterly basis remained nearly flat across the board as analysts generated their third-quarter figures. According to Experian’s most recent State of the Automotive Finance Market report, 30-day delinquencies associated with the total number of outstanding auto loans decreased by 13 basis points year-over-year in Q3 to […] [Read More]

This evening, another round of the College Football Playoff rankings will be released, with teams (OK, arguments aside) ordered based on how they stack up against the rest. Much like college football on the sports landscape, certified pre-owned is crazy popular in automotive. But how would they stack up in a top 10 ranking?  Edmunds.com tackled […] [Read More]

The Larry H. Miller Group of Companies — a group that includes the Larry H. Miller Dealerships, among many other business entities — announced the release of “Behind the Drive: 99 Stories from the Life of an American Entrepreneur” on Friday, a collection of stories passed down about Larry H. Miller and written by his son, […] [Read More]

Volkswagen Group of America elevated one of its executives at VW Credit on Monday to be president and chief executive officer of the captive finance company. Taking on the role effective Jan. 1 is Horst Meima, who most recently served as executive vice president and chief financial officer of VCI. Meima brings with him more […] [Read More]

Depending on whose forecast you subscribe to, new-vehicle sales this month may end up being the highest November has ever seen. And the used-car market? Well, count on it to reach at least 2.7 million sales  and probably more, if projections from Edmunds.com and TrueCar hold firm. Edmunds is forecasting 2.77 million used sales for […] [Read More]

After a recent Autotrader study showed car technology trumps brand and color for new-car shoppers, new data from KPMG shows automakers might need to step it up in the tech department even more. A recent KPMG study, titled, "The Clockspeed Dilemma," shows that automakers may need to start acting more like tech, software and consumer […] [Read More]